Different order types behave differently. Always review the selected order type, price, size, and position direction before submitting an order.
Market Order
A Market Order attempts to execute immediately at the best available prices.
Use a Market Order when you want to enter or exit a position without waiting for a specific limit price.
Keep in mind:
execution is usually immediate, but not guaranteed;
the final execution price may differ from the displayed price;
the difference can increase during fast market conditions or limited liquidity.
A Market Order prioritizes execution, not a specific execution price.
Limit Order
A Limit Order allows you to specify the price at which you want the order to execute.
A Limit Order may:
remain pending;
fill partially;
fill completely;
remain unfilled if the market never reaches the specified price.
You can review active Limit Orders under Pending.
A pending Limit Order can be cancelled before it is filled.
Once an order has already been filled, it cannot be cancelled. You need to manage the resulting position instead.
Long and Short
When placing an order, select the direction of your position:
Long — you expect the market price to rise;
Short — you expect the market price to fall.
The selected direction affects how your position gains or loses value as the market price changes.
Take Profit
Take Profit (TP) is used to automatically reduce or close a position when the selected profit level is reached.
It can help you manage an exit without manually monitoring the market.
Stop Loss
Stop Loss (SL) is used to automatically reduce or close a position when the selected loss level is reached.
It can help limit exposure if the market moves against your position.
Using TP/SL
Select the market and configure your order.
Enable TP/SL.
Enter your Take Profit and/or Stop Loss level.
Review the values before submitting the order.
Submit the order.
Review active instructions under TP/SL after the position is opened.
TP/SL instructions can help manage risk, but they do not guarantee execution at the exact selected price during fast market conditions or limited liquidity.
Reduce Only
Reduce only is used when an order should only reduce an existing position.
It helps prevent a closing order from accidentally:
increasing the current position;
opening a new position in the opposite direction.
Use Reduce only when your intention is only to reduce existing exposure.
If an order is still pending
Before submitting another order:
Check Pending.
Review the selected market, price, and size.
Confirm whether the previous order has filled.
Cancel the pending order if you no longer want it to execute.
If the status of an order is unclear, do not submit the same order again until the original attempt has been checked.